First Stage Investor

Startup Insider: What Instacart’s Valuation Trim Means for the Startup Market

Startup Insider: What Instacart’s Valuation Trim Means for the Startup Market
Instacart got a haircut. The company sliced its valuation by nearly 40% from $39 billion to $24 billion — despite the fact that it saw 30% year-over-year growth last year. And Instacart is not the only high-tech company trimming its valuation. So what’s going on?…
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